Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
According to the Bulgarian Ministry of Agriculture, the country's fruit and vegetable imports in 2018 increased by 2,000 and 20,000 tons, respectively. This growth is due to a reduction in the production of domestic vegetables and fruits.
Today, it is more profitable for Bulgarians to buy these products abroad, where they are cheaper. This is said to be mostly due to the lack of subsidies to Bulgarian agricultural producers.
According to experts, if the decline in the production of domestic vegetables and fruits continues at the same rate, these will completely disappear from the shelves of Bulgarian stores within the next 10-15 years, and consumers often complain about the poor quality and taste of those imports.
At the moment, when buying tomatoes in Bulgaria, they are very likely to have been brought from Poland, Italy, Greece and Macedonia. Meanwhile, apples in Bulgarian stores mostly come from Macedonia, Serbia and Greece.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022